Microsoft rejected a proposal to adopt Bitcoin as a reserve asset during the annual meeting. The board cited Bitcoin’s volatility, a commitment to financial stability and long-term growth. Microsoft Shareholders Reject Proposal to Adopt Bitcoin as a Reserve Asset Microsoft shareholders rejected the adoption of Bitcoin into its balance sheet during the annual general meeting […]
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Will Microsoft Become a Bitcoin Powerhouse? Saylor’s Bold Move
Bitcoin evangelist and MicroStrategy CEO Michael Saylor, has advocated for Microsoft to adopt Bitcoin as a core strategic asset, emphasizing its role as a revolutionary form of digital capital. Saylor’s ambitious pitch aligns with a broader shift toward blockchain technologies, which could complement Microsoft’s existing focus on cloud, AI, and digital infrastructure. The entrepreneur made […]
Microsoft Shareholders to Vote on Bitcoin Investment Assessment Proposal
Microsoft shаrеholdеrs аrе prеpаring to votе on Dеcеmbеr 10 to dеtеrminе whеthеr thе tеch giаnt should publicly аssеss thе fеаsibility of invеsting in Bitcoin. This dеvеlopmеnt еmеrgеd from аn Octobеr 24 filing with thе Unitеd Stаtеs Sеcuritiеs аnd Exchаngе Commission, in which Microsoft outlinеd thе proposаl titlеd “Assеssmеnt of Invеsting in Bitcoin.” Thе proposаl wаs […]
Aptos Severs Ties With Microsoft, Triggering Over 750% Surge In Trading Volume
The 24-hour trading volume of Aptos (APT), the backbone cryptocurrency of the layer-1 blockchain Aptos Network, has surged by an impressive 750% following the announcement of its strategic collaboration with Microsoft’s suite of artificial intelligence tools. This partnership aims to accelerate the adoption of Web3 technology within the realm of banking and financial enterprises. Simultaneously, […]
Microsoft’s Edge Browser Dives Into Crypto: Is This the Future Of Browsing?
Microsoft has made a bold move by integrating a non-custodial crypto wallet into their default Edge browser. A software documenter discovered this experimental feature and went by the pseudonym “Albacore.” The screenshots released by Albacore show that the wallet has NFT functionality and integrates Coinbase and Moonpay. In detail, the screenshots depict a user interface that […]
Microsoft joins $450M funding of crypto start-up ConsenSys
Tech giant Microsoft Corp co-led a $450 million funding of New York-based start-up ConsenSys. The financial round was backed by ParaFi Capital, Temasek Holdings, and SoftBank Group Corp which doubled ConsenSys’s valuation to $7 billion. ConsenSys was founded in 2014 by Joseph Lubin, a co-founder of Ethereum, the world’s second-biggest cryptocurrency. The firm’s most popular […]
Microsoft dives into Metaverse and DeFi with Teams and Xbox updates
The United States tech giant Microsoft is diving into the Metaverse through fresh updates to Microsoft Teams and its Xbox gaming console services. It has also planned to launch a new product named “Dynamics 365 Connected Spaces.” Metaverse technology is responsible for fusing cryptocurrencies, blockchain technology, non-fungible tokens, and blockchain gaming. On November 2, during […]
Binance Announces Stock Tokens For Microstrategy, Apple, Microsoft
Cryptocurrency exchange, Binance announced support for three stock tokens of industry behemoths – Microstrategy [MSTR], Apple [AAPL], and Microsoft [MSFT] today. The stock token for business intelligence company, Microstrategy [MSTR/BUSD] will be listed on the 26th of April while that of American multinational tech firms Apple [AAPL/BUSD] and Microsoft [MSFT/BUSD] will be made available on […]